The implementation of Functional Safety standards such as ISO26262 poses challenges during the exchange and integration of functional safety data between different work products and activities, carried out by different teams and/or different layers of the supply chain. Automation with EDA tools is now common practice in this field, but interoperability is still challenged by the lack of a Functional Safety standards that supports the data exchange. The Accellera Functional Safety Working Group has recently completed a white paper that describes the approach taken to develop the data model and a corresponding language prototype that will enable Functional Safety data exchange. As a next step, the focus for the Working Group is to develop the LRM (Language Reference Manual) for the Functional Safety Standard. This session will review the content of the white paper and discuss the plans to proceed with the LRM.